Episode 346: When Bank on Yourself® Policy Loans Matter Most

Not Your Average Financial Podcast™

In this episode, we ask:

• Why haven’t you subscribed yet?
• What big purchases are coming up?
• Can you earn your way out of expenses?
• What happens in retirement?
• Can you earn your way out of expenses throughout all of the ages of life?
• What’s the difference between earning income at age 35 and age 86?
• What allows for uninterrupted compounding?
• How is this possible?
• Who offers non-direct recognition policy loans?
• How about an example?
• What is the amount of the cash value?
• What is the simple interest rate on the policy loan?
• What happens over four years?
• What happens to the policy?
• What is the gain?
• Did you earn more than you spent?
• What happens over a longer time horizon?
• What about dividends?
• Would you like to hear Episode 345?
• Would you like us to review your policy?
• What is unbelievably cool?
• What products stop growing your money when you spend it?
• Can you imagine this chart?
• What happens on the spend down?
• What continues to earn interest?
• What if you could continue to maintain the compounding growth on your money?
• What are the implications?
• What results shocked Mark?
• What if they never paid off the loan?
• How about another apples-to-apples example?
• What does a policy loan look like in a direct recognition policy?
• What about the interest?
• What about receiving a weird letter from the insurer at age 81?
• Where was the compounding?
• Where did the growth go?
• What does a policy loan look like in a non-direct recognition policy?
• What about the interest?
• What is the difference?
• What is the policy growth based upon?
• What about compounding and accumulation?
• What about loan interest?
• How much more?
• Is the policy designed the right way?
• Who is getting penalized?
• How about a timely warning?
• Does your agent understand the working parts well?
• Is your policy built correctly?
• Is your policy breaking compound growth?
• What about the Gold Standard of the Bank on Yourself® Professional training?
• What would it look like?
• What about absolute certainty?
• Do you have to know everything about how your phone was engineered to enjoy it?
• How is a Bank on Yourself® type whole life insurance policy like a smart phone?
• When was the last time you reviewed your current policy?
• Would you like a second set of eyes?
• Would you like to learn more by listening through our Episodes in a List?
• What about time?
• Are you serious?
• Would you like a meeting with me or an associate?